PPP Loan Data — R. P. Marzilli & Co., Inc., Medway, MA
R. P. Marzilli & Co., Inc. is a subchapter s corporation located at 21a Trotter Dr in Medway, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $2,721,700.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 168 people during the applicable loan loan period.
$ PPP Loan Information
Lender:SALEM FIVE CENTS SAVINGS BANK
R. P. Marzilli & Co., Inc. in Medway, MA received a Paycheck Protection Loan of $2.72M through SALEM FIVE CENTS SAVINGS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, R. P. Marzilli & Co., Inc.'s total 2019 payroll expenses were approximately $13.06M in order to qualify for the PPP loan amount received.
Based on their reported 168 jobs retained, this equals an estimated average yearly compensation of $77,763 per employee1.
Business Information - R. P. Marzilli & Co., Inc. in Medway, MA
21a Trotter Dr
Medway, MA 02053
Professional Employer Organizations (NAICS code 561330)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: MA-04
Industry PPP Comparison Statistics
Nationwide, 1,298 businesses in the "Professional Employer Organizations" industry received a total of $544,321,819.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 38 employees, 77% lower than R. P. Marzilli & Co., Inc.'s reported 168 employees, and received an average PPP loan of $419,354, 85% lower than this company's loan of $2.72M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!